NOT LISTED FOR SALE

2004 N Delphos St Kokomo, IN 46901

Estimated Value: $80,000 - $715,000

4 Beds
2 Baths
1,612 Sq Ft
$154/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $100,000 $62 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,482/month

14 Days on Market

Highlights

  • Covered patio or porch
  • Laundry in Utility Room
  • Forced Air Heating System
  • Fenced Yard
  • Shed
  • Ceiling Fan

About This Home

As of May 2023

Opportunity awaits you in this great side by side duplex that will be a perfect addition to your rental portfolio. You could also live in one unit and use the rental income from the other unit to offset your mortgage expenses. The duplex has 806 sqft, 2 bedrooms, and 1 bathroom on each side. Both units are currently rented on a month to month basis and the tenants do wish to continue renting the property. The property has ample off street parking, a large partially fenced in backyard, and a fully fenced side yard with access to a shed equally shared between the two units. Single story side by side duplexes are hard to find these days. Don't miss your opportunity to own this one.

Last Listed By

Christy Dechert

The Hardie Group Listed on: 04/04/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,044

Year Built

  • Built in 1957

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 70 x 200
  • Fenced Yard
  • Lot Has A Rolling Slope

Home Design

  • Duplex
  • Asphalt Roof

Interior Spaces

  • 1,612 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Laundry in Utility Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch
  • Shed

Location

  • Suburban Location

Schools

  • Bon Air Elementary School
  • Central Middle School
  • Kokomo High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, fuel, heating, sewer, water
  • The owner pays for building insurance, lawn maintenance, tax
  • Assessor Parcel Number 34-04-30-128-003.000-002

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500

Additional Features

  • 2 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,044

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1957
  • Age: 66
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: EAST ENGLEWOOD ADDN LOT 69 70' OFF N SD
  • Parcel Number ID: 34-04-30-128-003.000-002
  • Platted: Yes
  • Amenities: Ceiling Fan, Fenced Yard, Off Street Parking, Storage, Cable Ready, Porch Covered
  • Location: City/Town/Suburb
  • Sp Lp Percent: 90.91
  • Monthly Gross Income: 95
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 1612
  • Total Finished Sq Ft: 1612
  • Above Grade Finished Sq Ft: 1612
  • Price Per Sq Ft: 62.03
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate, Mixed, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 84

Garage/Parking

  • Driveway: Dirt, Gravel
  • Number Of Parking Spaces: 4
  • Parking: Gravel, Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Water Company: Indiana American Water Co
  • Cable Company: Comcast
  • Annual Insurance Expense: 1500
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • School District: Kokomo-Center Township Cons. S.D.
  • Elementary School: Bon Air
  • Middle School: Central
  • High School: Kokomo
  • Elementary School: Bon Air

Lot Info

  • Lot Description: Rolling
  • Lot Dimensions: 70 x 200
  • Estimated Lot Sq Ft: 13939
  • Estimated Lot Size Acres: 0.32

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Tax
  • Tenant Pays: Cable, Fuel, Heating, Sewer, Water

Tax Info

  • Exemptions: Mortgage
  • Annual Property Tax: 1044

Multi Family

  • Gross Monthly Rent: 950
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

  • High School: Kokomo
  • Middle School: Central
  • School District: Kokomo-Center Township Cons. S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
May 16, 2023
Sold by
Scott Ernest and Scott Sharon
Bought by
Hbb 1 Llc
Seller's Agent
Christy Dechert
The Hardie Group
Buyer's Agent
Shane Childers
Keller Williams Lafayette
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%
Total Days on Market
14
Views
83
Current Estimated Value
$248,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,486
Avg. Annual Appreciation
5.81%
Original Mortgage
$77,250
Outstanding Balance
$71,220
Interest Rate
5.64%
Mortgage Type
New Conventional
Estimated Equity
$40,608

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hbb 1 Llc $100,000 Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hbb 1 Llc $77,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2023 05/17/23 Sold $100,000 -9.1% $62 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $110,000 -- $68 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,249 $65,700 $13,000 $52,700
2022 $1,044 $53,300 $9,900 $43,400
2021 $844 $43,200 $9,900 $33,300
2020 $794 $40,700 $9,900 $30,800
2019 $756 $38,900 $11,700 $27,200
2018 $813 $40,100 $11,700 $28,400
2017 $829 $40,900 $11,700 $29,200
2016 $872 $43,100 $11,700 $31,400
2014 $832 $41,600 $12,300 $29,300
2013 $836 $41,800 $12,300 $29,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202309905

Indiana Regional MLS

APN: 34-04-30-128-003.000-002